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Thank you for the interesting analysis SearchingFX.
Today even the algos are turned off. and of course, the rigging fines to market maker banks dos not help to have volatility
The market seems relatively quiet today and EUR/USD is slowly crawling on its way down, although I think that for the moment that is just part of the correction. Once it breaks below the support at 1.2360 it will likely continue falling at least until it reaches 1.2200.
It seems quiet today, as long as eur/usd trading below 1.2450 bearish trends continue.
The bearish trend will continue regardless of the London close profit collecting. Looks like another sell oportunity
The bearish trend will continue regardless of the London close profit collecting. Looks like another sell oportunity
Looks more like SNB in action
Looks more like SNB in action
Could be. EURCHF is having recognizable up direction since the usual news time - regardless of the total lack of the news at that time
Could be. EURCHF is having recognizable up direction since the usual news time - regardless of the total lack of the news at that time
All is within expected bounds. So far no trend change nor resistance break
well, we shall see tomorrow. Looks like we shall know more tomorrow
EURUSD testing the resistance. So far it is holding, but so far the day looks like a typical ranging day. Bearish trend still on - no change in trend. Probable sell oportunity